Former Point Blank CEO To Cop To Tax Charges: Atty

Law360, New York (August 9, 2011, 9:01 PM EDT) -- Point Blank Solutions Inc.'s former CEO will plead guilty to tax charges in connection with an $189 million fraud that looted the armor maker, his attorney said Tuesday.

David Brooks, who was found guilty last year of insider trading, fraud, and obstruction of justice and is now facing three tax counts that were severed from the rest of the case, is currently seeking a new trial on his conviction.

The current charges are for conspiracy to defraud and two counts of filing a false tax return....
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